Britain UBS Rogue Trader

November 20, 2012 - 8:33 AM
FILE This Tuesday, Sept. 18, 2012 file photo shows former trader Kweku Adoboli leaving Southwark Crown Court in London for a lunch break from his trial at the court. A rogue trader who lost $2.2 billion in bad deals at Swiss bank UBS was convicted of fraud on Tuesday, Nov. 20, 2012. Ghanaian-born Kweku Adoboli, 32, exceeded his trading limits and failed to hedge trades, allegedly faking records to cover his tracks at the bank's London office. At one point, Adoboli risked running losses of up to $12 billion. The fraud conviction carries a maximum jail term of 10 years. (AP Photo/Sang Tan)